Background*

Mr. John Willard Marriott, III, has been the Chief Executive Officer and President of JWM Family Enterprises, L.P., since 1993. Mr. Marriott served as an Executive Vice President of Lodging for Marriott International Inc., from January 2003 to January 2006 and was responsible for leading Global Sales and Marketing, Brand Management and North American Lodging Operations. Prior to his current position, Mr. Marriott served as an Executive Vice President of Global Sales ... and Marketing of Marriott International, Inc., since March 2000. From June 1996 to March 2000, Mr. Marriott was the Senior Vice President of Marriott's Mid-Atlantic Region in the Hotel Division. Mr. Marriott joined Marriott Corporation in 1986 as a Sales Manager and subsequently served as a Restaurant Manager and then a Director of Food and Beverage. He has also held positions as Director of Financial Planning, Hotel Director of Marketing, General Manager of the Crystal City Marriott, Director of Finance in Marriott's Treasury Department, Director of Finance and Development at Host Marriott Corporation, and Vice President, Lodging Development for The Ritz-Carlton Hotel Company, L.L.C. He has also held positions as Director of Corporate Planning, Finance, Director of Marketing and General Manager for a hotel. He served as Vice Chairman of Marriott International, Inc. since October 21, 2005 and as its Director until June 2014. He has been a Director of Sodexho, Inc. since March 27, 1998. He has been a Director of Barcelo Crestline since December 29, 1998. He served as a Director of Marriott International Inc., from 1977 to January 2006. In April 2002, he was named by the U.S. Department of Commerce and the Japanese government to co-chair a special taskforce to promote travel between the United States and Japan.

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